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Fintech company Fragment has secured $9 million in funding from notable investors including Stripe, Jack Altman, and BoxGroup, as well as several angel investors. The company aims to address the persistent issue of bank account reconciliation and ledger management in the financial technology sector. Fragment's solution is designed to simplify the process of tracking and reconciling financial transactions between different providers, a task that poses significant challenges even for large banks and financial institutions.
Fintech has a ledger problem, according to Fragment! https://t.co/RaecK7n5t1
If nothing else, this year in fintech has proven that there is a dramatic need for better money ledgers like @LedgerAPI's. Dollars are much more difficult to track than digits, and reconciliation between different providers is a task that bedevils even large banks and FIs. https://t.co/fYZfb1oe0z
Ready to build a flexible blockchain payments solution? 🚀 Learn the key considerations for wallet infrastructure, ecosystem partners, and operational workflows. See how leaders like @Worldpay_Global and @BLOX_globe leverage Fireblocks. Read the full guide →… https://t.co/cCbyu1M8DT